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2-bed · 746 sqftThe Nook 2, Jebel Ali First · 5th floor · completed 2022

517, The Nook 2

Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 517 · DLD and Ejari recordsUpdated 26 February 2025
Last soldAED 816K26 October 2022
Current rentAED 76K /yr26 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 517, The Nook 2

What is 517 worth today?

Last sold for AED 816,000 in 2022

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26 Feb 2025RentedRenewal
AED 76,000/yr12 months · AED 102 per sqft
26 Feb 2025RentedRenewal
AED 76,000/yr12 months · AED 102 per sqft
26 Feb 2024RentedNew contract
AED 76,000/yr12 months · AED 102 per sqft
25 Feb 2023RentedNew contract
AED 63,000/yr12 months · AED 85 per sqft
26 Oct 2022SoldReady
AED 816,000AED 1,093 per sqft
13 Oct 2019Sold by developerOff-plan
AED 696,000AED 932 per sqft

Source: Dubai Land Department. Updated 26 February 2025.

Key facts

Type
2-bed apartment
Size
746 sqft
Floor
5th of 11
Parking
T2-P2-110
Developer
Wasl
Completed
2022
Service charge
AED 14,900 /yr
Last sold
AED 816K · October 2022
Building
The Nook 2

About 517, The Nook 2

517 is a two-bedroom apartment of 746 sqft on the 5th floor of The Nook 2, a 11-storey tower in Jebel Ali First completed in 2022 by Wasl. It last sold on 26 October 2022 for AED 816,000, or AED 1,093 per sqft, 17% above the AED 936 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 26 February 2025, is AED 76,000 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 14,900 a year.

Sales and rents for 517 over time

Sales
Unit 517, each saleTypical two-bed in The Nook 2
800K1M20192021202320252027Typical sale price by year: 2019 AED 695,889; 2020 AED 715,777; 2021 AED 718,777; 2022 AED 722,999; 2023 AED 823,777; 2024 AED 821,777; 2025 AED 1,000,000; 2026 AED 1,000,000Sold by developer, October 2019: AED 696,000 (AED 932 per sqft)Sold, October 2022: AED 816,000 (AED 1,093 per sqft)

517 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 517, each contractTypical two-bed in The Nook 2
60K70K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 60,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,000New contract, February 2023: AED 63,000 a yearNew contract, February 2024: AED 76,000 a yearRenewal, February 2025: AED 76,000 a yearRenewal, February 2025: AED 76,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Nook 2, and where 517 sits

All 165 2-beds →

517 last sold in October 2022 at AED 1,093 per sqft, 17% above what two-beds in The Nook 2 were fetching at the time (AED 936). Over the last 12 months two-beds sold for AED 950,000 to 1,275,000, around AED 1,341 per sqft, and rent for AED 57,500 to 93,000 a year. 517's AED 76,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Jul 2026985,000
21 Jul 2026980,000
21 Jul 2026985,000
21 Jul 2026950,000
12 2-bed sales in the last 12 months

The Nook 2

Building

297 apartments, studios to 3-bed over 11 floors in Jebel Ali First, completed in 2022 by Wasl. 17 sold in the last 12 months.

Typical price per sqft
AED 1,426 Up 7.0%
Typical sale
AED 985K
Typical rent
AED 70K /yr
Typical yield
7.1%
The Nook 2, Jebel Ali First: prices, sales and rents →

Other units on the 5th floor

All 297 units in The Nook 2
Value
5013-bedAED 1.09M · Jan 2023
5023-bedAED 941K · Apr 2021
503StudioAED 327K · Sep 2019
504StudioAED 377K · Jul 2019
5053-bedAED 1.53M · Jun 2025
5072-bedAED 678K · Oct 2019
5082-bedAED 743K · Nov 2020
1–7 of 26

517, The Nook 2 in numbers

  • Sold twice: first on 13 October 2019 for AED 696,000, last on 26 October 2022 for AED 816,000 (AED 1,093 per sqft).
  • Rented since February 2023 on 4 Ejari contracts, from AED 63,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 14,900 a year (AED 20.00 per sqft).
  • Two-beds in The Nook 2 sold for AED 950,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 1,426 per sqft.

Source: Dubai Land Department. Updated 26 February 2025.

Questions about 517, The Nook 2

What did unit 517 last sell for?

AED 816,000 on 26 October 2022: AED 1,093 per sqft for 746 sqft. The unit has 2 registered sales; the first was AED 696,000 in October 2019.

What is the rent for unit 517?

AED 76,000 a year on the contract renewed on 26 February 2025. The previous contract, from February 2025, was AED 76,000; the unit has been rented since February 2023.

How big is unit 517?

746 sqft (69.3 sqm): a two-bedroom apartment on the 5th floor of a 11-storey tower completed in 2022.

What is unit 517 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Nook 2 sold for AED 950,000 to 1,275,000 in the last 12 months, around AED 1,341 per sqft.

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Mortgage on 517, The Nook 2

Starts from the last sale price (AED 816K, 26 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 816,000
Deposit, UAE resident (20%)
AED 163,200
Deposit, non-resident (40%)
AED 326,400
Monthly over 25 years at 3.7%
AED 3,339

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →